Bitcoin (BTC) may be gearing up for a historic breakout this summer, with fresh analysis pointing to a price target between $130,000 and $135,000 as early as August 2025.
The forecast comes from pseudonymous crypto analyst ELI5 of CryptoQuant, who says on-chain volume patterns strongly resemble BTC’s behavior before its parabolic rallies in past cycles. This time, the indicators suggest that Bitcoin’s next move up is just around the corner.
BTC Volume Surge Signals Price Breakout
In a post shared on June 18, ELI5 highlights how Bitcoin’s volume-weighted average price (VWAP) and transfer volume trends are echoing 2017 and 2021 — two of the most explosive years in Bitcoin’s history.
“The on-chain volume profile shows a critical breakout zone,” ELI5 wrote. “It’s only a matter of time before BTC moves decisively past $110,000.”
Their analysis suggests that if BTC continues to hold above key support levels and current volume momentum remains steady, a summer breakout to $130K–$135K is within reach.
What’s Fueling Bitcoin’s Bullish Outlook?
Several key factors are driving bullish sentiment:
- ETF inflows: U.S.-listed spot Bitcoin ETFs continue to attract institutional interest, with billions in inflows fueling demand.
- Macroeconomic uncertainty: With rate cuts expected later this year, investors are increasingly turning to Bitcoin as a hedge.
- Halving effect: April’s Bitcoin halving has reduced new supply, tightening market dynamics amid growing demand.
- Global political tensions: Instability in the Middle East and elsewhere is boosting Bitcoin’s appeal as a non-sovereign store of value.
Current BTC Price Snapshot
As of early afternoon ET, June 19, 2025, Bitcoin is trading around $108,700, up nearly 4% in the past week and showing strong support at the $106,000 level.
Analysts Set Eyes on August Target
CryptoQuant’s report isn’t alone. Other analysts, including those at Bernstein and Standard Chartered, have also forecast BTC hitting six-figure territory by late summer or early fall.
If Bitcoin breaks past resistance levels near $115,000 in the coming weeks, it could trigger a wave of FOMO-driven buying that sends the crypto market into its next euphoric phase.
Will Bitcoin Hit $130,000?
While nothing in crypto is guaranteed, momentum indicators, reduced supply, and macro trends are aligning for what could be Bitcoin’s most dramatic summer yet.
If you’re a long-term holder or considering entering the market, many analysts suggest now may be the time to watch BTC closely.
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